I happen to be in agreement with WWW although I feel that some of the impact of his highly factual posts is lost with his overly Zealous approach.
Just for balance I like to post - what are clearly the rare - snippets of positive news.
If I had a young son or daughter asking me for advice right now on whether they should splurge on an integrated course then I would probably advise against this.
I started my training at OAA back in August 07 on the back of the tagged scheme with NetJets and I am confident that I made the right decision for me and my family. I was in the fortunate position of not having to go to HSBC with cap in hand having worked for 12 years in non-related industries. I also feel that NJE are well positioned to capitalise on both upturns and downturns in the market. Currently the ultra-wealthy and corporate customers will be 'downgrading' their own jets into fractional schemes whilst those at the bottom of the wealth scale will resort to first-class with the airlines. In an upturn the reverse occurs.
Being relatively risk averse - if it was not for this particular scheme, I would be thinking very carefully whether I wanted to invest all this cash right now and whether or not a modular approach might be wiser. Saying that - everyone has their own unique set of circumstances and I don't feel it is fair to lump all 'wannabees' together as sponging off the bank of Mum & Dad whilst not looking further than the glossy marketing of any given FTO.
That's my twopeneth
PS:
BBC: Banking rally boosts US markets
US stock markets have rebounded strongly after better-than-expected results from a leading bank and further sharp falls in the price of oil.
The Dow Jones index closed up 2.5% after its strongest daily performance in three months, driven by demand for leading bank stocks.